Legal protection provided to a corporation


Problem:

I am a widow and have no share in this corporation, however my mother-in-law and her three remaining sons are on the Board of Directors. The sons have been taking money under the guise of 'shareholder loans'...now there is nothing left. My mother-in-law has suffered from severe depression and is an alcoholic since my husbands passing -- She also has quite a bit of personal assets. The creditors want to sue her personally. Can they? What happens to the corporation?

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Business Law and Ethics: Legal protection provided to a corporation
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